peak solarworks power purchase program

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With a Peak Solarworks Power-Purchase Agreement (PPA), we pay the full upfront and all ongoing costs of the system. You simply pay for the power the system produces at a discount to your current rate.

Through a PPA, your business can enjoy discounted power without any upfront or ongoing expenses. Instead, Peak Solarworks handles all the development, financing, and asset management of the solar system.

This offer is particularly attractive for entities that can’t use the Solar Investment Tax Credit (ITC) or depreciation. A PPA enables a business to benefit from significant energy savings immediately, without worrying about any costs, including operations, maintenance or insurance.

In summary, the terms and benefits of a PPA include:

• No upfront costs
• Simple monthly payments, usually fixed
• Typical terms from 15-20 years
• Buy-out at the end of the lease term at the fair market value
• Your business receives the electricity savings
• Preserves existing lines of credit
• A great way to finance solar when your business can’t use the depreciation or the ITC